Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Short Interest Down 49.8% in March

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 11,800 shares, a decline of 49.8% from the February 28th total of 23,500 shares. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 0.5 days.

Tennessee Valley Authority PARRS A 2029 Price Performance

NYSE TVE traded up $0.12 during trading hours on Friday, reaching $23.48. The company’s stock had a trading volume of 57,732 shares, compared to its average volume of 19,097. The company’s 50-day moving average is $22.84 and its two-hundred day moving average is $22.61. Tennessee Valley Authority PARRS A 2029 has a fifty-two week low of $21.40 and a fifty-two week high of $25.30.

Tennessee Valley Authority PARRS A 2029 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 30th will be paid a dividend of $0.1385 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.36%.

Institutional Investors Weigh In On Tennessee Valley Authority PARRS A 2029

A hedge fund recently raised its stake in Tennessee Valley Authority PARRS A 2029 stock. Summit Financial LLC boosted its holdings in Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,285 shares of the company’s stock after buying an additional 1,890 shares during the period. Summit Financial LLC’s holdings in Tennessee Valley Authority PARRS A 2029 were worth $1,032,000 at the end of the most recent reporting period.

About Tennessee Valley Authority PARRS A 2029

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.